200 bucks an hour opening new bank accounts. Now, if you ever been curious about the side hustle of bank bonuses, Dylan is your guy, Dylan's bonuses.com. Dylan, welcome to the side hustle show.

Hi, Nick. Pleasure to meet you. Likewise. Now, you've been doing this three years on the side of your day job. This is the podcast where we've been helping people make extra money since 2013. But if memory serves, we've never really done a dedicated conversation

about bank bonuses. So let me try and summarize it. This is my understanding. Now, banks are

hungry for new customers, so they'll actually pay you to join and set up an account,

sometimes hundreds of dollars, because they know it's

kind of a pain or at least perceived to be kind of a pain to switch banks. Now, do you recall

your first bank bonus or maybe a recent one that comes to mind? You're doing this consistently.

I think it's really interesting, not just as a one-off thing. I do remember the first

one. When I first moved to Connecticut three years ago, I needed a new bank. Citizens Bank,

when I got my new address in Connecticut, they emailed me a little flyer that said,

$300 for a new checking account, $300 for a new savings account. And I read the, I flipped it over.

What kind of scam is this? Usually junk mail is like a

million. Well, you know, why are they only promising me? But I read the terms of service. I looked it up.

It's like Citizens is a real bank in Connecticut. I don't think we have that in Texas. It's like five

steps. You open an account. You move your direct deposit there. Okay. And it has to be like a minimum of 500 a month or whatever it was.

And three to six months later, you get 300 for the checking account in cash in the account.

And then you get 300 in the savings account in cash in the account. No phone calls, nothing

complicated. All you got to do is move your direct deposit over there and keep the

account open and you get the money. Okay. So that's the one challenge. If you're doing this

consistently, is keeping the accounts open and juggling all of the different offers that you have

going on, but not a huge barrier or burden. And since in this case, sounds like you were moving and they're

like, oh, I was going to switch banks anyways because I'm moving. You can open more than one new

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